Cosco’s chief financial officer and Chinese Communist Party commissar Sun Yueying, is in Athens to close the deal, along with Cosco’s consultant, French investment bank Lazard. A deal is expected to be achieved but not at a much higher price than that of Cosco’s original offer.

The improved offer that TAIPED requested on Tuesday from Cosco will be assessed in a fund board meeting next week. However, no announcement was made as to an exact date, nor the original bid’s size.